Floyd Mayweather will fight Shane Mosley on May 1 in Las Vegas.
In a statement released by Swanson Communications, 'Pretty Boy' confirmed he would take on his fellow American at the MGM Grand.
Mosley had already signed the contract following the cancellation of his scheduled bout against WBC welterweight champion Andre Berto on January 30.
After negotiations for a massive showdown with Manny Pacquiao collapsed, Mayweather insists he was always sweet on facing the man known as 'Sugar'.
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"This one is definitely for the fans as I wasn't going to waste anyone's time with a meaningless tune-up bout and asked to fight Shane immediately," the 32-year-old said.
"I have said ever since I came back to the sport that I only wanted to fight the best. I think Shane is one of the best, but come May 1, he still won't be great enough to beat me."
Mosley, who has not fought since his controversial stoppage success over Antonio Margarito over a year ago, is confident he will become the first man to beat his opponent.
The fight will take place under strict anti-doping procedures championed by the Mayweather camp.
"I have always wanted to fight Floyd and now it is finally coming true," he said.
"I am already in great shape and ready to show everyone on May 1 that I am stronger, faster and better than he is. I will have no problem beating him."
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